I am not smart enough with my package to do the ratios but just raw scores are pretty compelling.I have been sleeping with a C++ book next to my bed for over a year and it hasn't transferred, I guess I am going to have to read it.

These Republican senators leaving rank really putting the tax reform agenda chances at great risk of failure. they lose anymore and imo, chances slim to none of anything flying = market hopium big risk to pop...we fall out of this mini megaphone, will see the 50 ma soon...

B of A Merrill last week was showing continuing distribution to the retail. I don't think they want to be lemmings or bag holders but they sure are trying to live up to that stereotype!

Bottom line was predicted several weeks ago by some who write for a living. People's Party Conference was to be the coronation of the new emperor as he has destroyed the rivals. Today his supporters take over the primary governing council so the heads of banking can now cooperate with the US and Europe to slow the huge credit impulse. We all need to hope they are successful at containing their record credit expansion before it blows up and demonstrates hubris with Chinese characteristics.

As liquidity drys up from the central bank printers we will see more days like today. B of A showed us that the smart money read those commentaries and has been reducing exposure or if not able to do that sacrificing some theoretical returns to buy record levels of insurance. Who is buying, why corporate treasurers at the instruction of the CEO and the 20 somethings who all think (my daughter included) they are geniuses because they made money last year in ETFs.

I don't think anything is going on in this market that Jesse Livermore couldn't explain to us.

The invisible hand(s) are grinding higher forcing short seller to doubt themselves - the banal intraday inverse H&S with divergence works again - must move past today's mid ES 2553 and VWAP presently at 2552. Evtly reach 2560 (IB mid) to discourage any short sentiment that might be left.One day the shorts will be right but not today

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